A key assertion in "Cracking the Proxy Racket" (The Wall Street Journal's Review & Outlook, September 18) is that asset managers vote "in block" to support recommendations set forth by advisory firms like Glass Lewis and Institutional Shareholder Services. Such statements ought to be...
IRAs Continue to Be Successful Vehicles for American Savers ICI research shows how accounts help workers prepare for retirement Washington, DC; September 18, 2018—Two reports released by the Investment Company Institute (ICI) today shed light on the characteristics and behaviors of...
ICI Applauds House Ways and Means Passage of Family Savings Act of 2018 Legislation will make it easier for small employers to offer retirement plans Washington, DC; September 13, 2018—The US House Ways and Means Committee today approved the Family Savings Act of 2018 (H.R. 6757)...
US household activity in the stock market has undergone a transformation over the past three decades. The old idea that investing in the stock market is just for the wealthy is vastly out of date. In the late 1980s, less than a third of US households held stocks. Now, a majority do...
Younger 401(k) plan participants have large allocations to target date and other types of balanced funds, according to a new joint study released today by the Investment Company Institute (ICI) and the Employee Benefit Research Institute (EBRI). At year-end 2016, 64 percent of 401(k)...
Millions of Workers Continue to Save for Retirement Through 401(k) Plans National 401(k) Day reminds savers to take advantage of their retirement plans Washington, DC; September 6, 2018—The Investment Company Institute (ICI) is celebrating National 401(k) Day this week by highlighting...
ICI Launches FactsOnRetirement.org New site highlights ICI research and takes on common myths about the US retirement system Washington, DC; September 5, 2018—America’s retirement system is strong and working well for most workers, according to research highlighted on a new website...
ICI Welcomes Senate Confirmation of SEC Commissioner Elad Roisman Washington, DC; September 5, 2018— ICI President and CEO Paul Schott Stevens today issued the following statement after the US Senate confirmed Elad L. Roisman as a member of the Securities and Exchange Commission (SEC)...
ICI Applauds Executive Order to Boost Retirement Savings Encouraging MEPs, Updating RMD Rules Can Enhance Coverage and Flexibility Washington, DC; August 31, 2018—President Donald Trump today issued an Executive Order directing his administration to consider several actions that could...
ICI Defined Contribution Plan Recordkeeper Data Show Ongoing Commitment to Retirement Saving Washington, DC, August 27, 2018—Americans continued to save for retirement through defined contribution (DC) plans early this year, according to ICI’s “ Defined Contribution Plan Participants’...
